Chinese experts on Tuesday slammed US proposals to restrict investment in artificial intelligence (AI), semiconductors and other technologies in China, saying the proposed measures are just the latest example of the intensifying US campaign to contain China's development.
Foreign investment in yuan-denominated assets has shown an overall positive trend. The yield on yuan-denominated bonds has been good since the start of the year, prompting foreign investors to increase their holdings, Li Hongyan, deputy head of the State Administration of Foreign Exchange, told a press conference on Tuesday.
The progress made by BRICS countries in transitioning to green energy not only helps mitigate global climate change but also serves as an inspiring example for other developing nations, showcasing ...
Scholz's remarks not only reflect the ongoing divisions within the EU over hiking tariffs on Chinese EVs but also underscore the need to reckon with how to effectively strengthen industrial ...
China's first domestically developed mobile operating system (O/S), HarmonyOS NEXT, Huawei's native mobile O/S, was officially released on Tuesday. This marks the world's third major mobile O/S following Apple's iOS and Android, media reported.
Multiple Chinese provinces have reported their economic performances for the first three quarters, with provincial-level regions including Southwest China's Chongqing Municipality, Central China's Henan Province and North China's Inner Mongolia Autonomous Region posting GDP growth rates higher than the national ...
China's Foreign Ministry said on Tuesday that the country will take further measures, including streamlining visa policies, to welcome more foreign visitors to visit the country, as the “China travel” boom continues to pick up pace.
As BRICS leaders convene in Russia's city of Kazan, the world is grappling with overlapping global challenges like geopolitical tensions, climate change, food security, and financial instability.
The yield on renminbi bonds has been good since the start of the year, attracting foreign investors to increase their holdings, an official with the State Administration of Foreign Exchanges said on Tuesday.
China's commercial banks saw a forex settlement deficit of 121.3 billion U.S. dollars in the first three quarters of this year, official data showed Tuesday.
German carmaker Mercedes-Benz has reiterated its opposition to the European Union's (EU) planned tariffs on Chinese electric vehicles (EVs), urging a delay in implementing these highly controversial measures to avoid harming interests of both sides.
On October 10, 2024, the Duku Highway officially entered winter road closure. State Grid Kuitun Power Supply Company successfully completed the four-month power supply protection work. According to statistics, since the opening to traffic on June 1, there have been ...
China has witnessed rising output of clean energy, official data showed, highlighting the continuous efforts of the country in beefing up renewable energy to boost its green development.
More than 20 Chinese companies listed in the A-share market have announced plans to tap into loans under a special central bank lending program for share buybacks and shareholdings increases, a trend that observers expect would be followed by more ...
Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, and China Shipbuilding Trading Co, signed a new shipbuilding deal denominated in yuan with Canadian tonnage supplier Seaspan Corp on Friday for six container ships, according to China Media ...
The growing US politicization of trade and the alarming rise of protectionism will compel countries in Southeast Asia and elsewhere to more actively explore new markets and forge alternative trade partnerships.
As an important destination for global financial investment, Beijing will move faster to develop a vibrant modern financial system and enhance its capacity to serve national financial management functions, Yin Li, secretary of the Communist Party of China Beijing Municipal ...
The government of the Hong Kong Special Administrative Region (HKSAR) vows to ramp up efforts to optimize and expand the financial market connectivity between the Chinese mainland and HKSAR, John Lee Ka-chiu, chief executive of the HKSAR, said at the ...
The Canton Fair epitomizes China's continued opening-up and offers a platform for the world to share in China's opportunities, Chinese Foreign Ministry spokesperson Lin Jian said while praising the just-concluded first phase of the 136th Canton Fair on Monday, noting ...
China's central bank will continue to boost the high-quality opening-up of the country's financial sector, which has become an important force behind the development of the financial sector, Lu Lei, deputy governor of the People's Bank of China (PBC), said ...
Seventy years ago, a group of far-sighted British, represented by Jack Perry Senior, broke the ice and opened the door to developing China-UK trade, paving the way for enduring friendly exchanges. Over the decades, the "icebreaking" spirit carries on and ...
The People's Bank of China (PBC), the central bank, will support qualified banks from different jurisdictions in participating in the Cross-Border Interbank Payment System (CIPS) for the Chinese yuan, Lu Lei, deputy governor of the PBC said on Monday at ...
A total of 14,689 China-Europe freight train trips were operated from January to September this year, representing a year-on-year growth of 13 percent, China State Railway Group Co announced on Monday.
China cut its benchmark lending rates by 25 basis points (bps) on Monday, as authorities intensified monetary support to bolster the economy.
The 2024 World Science and Technology Development Forum (WSTDF) will kick off on October 22 in Beijing with a historically high level of participation of overseas guests, the Global Times learned from a press conference held on Friday.
China on Monday cut its market-based benchmark lending rates, with the one-year loan prime rate (LPR) down to 3.1 percent from the previous reading of 3.35 percent.
The 2024 Paris Motor Show concluded here on Sunday, with electric vehicle (EV) manufacturers from China, Europe and the United States showcasing their latest models as competition in the global EV market intensifies.
China's first public service platform for offshore financial legal practices was launched at the three-day Annual Conference of Financial Street Forum 2024. The new platform is expected to provide greater convenience and support for Chinese enterprises to expand their overseas ...
Chinese experts said the latest government regulations on export control of civil-military dual-use items are a major measure to improve foreign-related legal system, which will promote the country's export control governance capacity, while bolster the mechanism for fulfilling China's non-proliferation ...
China's National Financial Regulatory Administration (NFRA) will encourage banks and insurance firms to issue yuan-denominated bonds and list shares in the Hong Kong Special Administrative Region (HKSAR) to boost the development of the offshore yuan market there, Jiang Bo, an ...
Many hopeful passengers visit an auto exhibition during the three-day Annual Conference of Financial Street Forum 2024 held in Beijing on October 19, 2024. The display includes 27 domestic and international brands and 42 models. The forum discusses a wide ...
India has proposed a partnership agreement on critical minerals to the US, hoping it could lead to a broader free trade agreement that would help local electric vehicle (EV) makers benefit in the US market, the Economic Times reported.
The first batch of fresh bananas from Laos arrived at the Jing Ping Logistics Hub in Beijing on Sunday, carried by the first international cold-chain train of the China-Laos Railway (Vientiane-Kunming-Beijing Pinggu), the Global Times learned.
Business representatives from home and abroad gathered at the Annual Conference of Financial Street Forum 2024, held in Beijing from Friday to Sunday. They discussed the importance of and opportunities for deepening global cooperation in the green transition and green ...
China's infrastructure investments in Latin America sometimes raise concerns in the US. However, from a broader perspective, cooperation between China and regional countries actually presents more opportunities for collaboration for the US rather than rivalry.
As interest alone on US government debt exceeds $1 trillion, elevated deficits and skyrocketing interest payments may evoke fears of an imminent fiscal crisis if appropriate countermeasures are not taken. If the US debt level is perceived as unsustainable, it ...
Canada announced a tariff remission process for Canadian businesses importing certain Chinese goods on Friday, allowing them to request remission of surtaxes on electric vehicles (EVs), steel and aluminum imported from China, according to an announcement by the Canadian federal ...
Chinese President Xi Jinping has urged the country's state-level economic and technological development zones to continuously stimulate innovation vitality and endogenous momentum and promote high-standard opening up for in-depth reform and high-quality development.
Having surged to the forefront of the global new energy vehicle (NEV) market with their outstanding performance, Chinese automakers are exploring strategies to gain an advantage over their competitors in the more challenging latter phase of the market race, which ...
Beijing plans to significantly expand its high-level autonomous driving demonstration area to approximately 3,000 square kilometers between the fourth and sixth ring roads, more than double the size of the city's six urban districts, an official said on Friday.
China on Saturday released new regulations on the export control of dual-use items, set to take effect on December 1, 2024. The rules aim to maintain international peace and balance high-quality development with high-level security.
In the beautiful Ebi Lake wetland, the State Grid Bortala Power Supply Company is infusing new vitality into this ecological treasure in a warm-hearted manner. In mid-October, a large number of migratory birds arrived at the Ebi Lake wetland. The ...
Senior Chinese officials have made renewed commitments to expand the country's high-level opening-up and encourage foreign investment during the Annual Conference of Financial Street Forum (FSF) 2024 in Beijing in recent days, underscoring the country's commitment to opening up its ...
Foreign business representatives who are participating in the Annual Conference of Financial Street Forum 2024 in Beijing expressed strong interest and high expectations to further embrace the booming opportunities of the green transformation in which China has been an active ...
China's banks pledged to enhance financing services for domestic sci-tech enterprises, particularly innovative small and medium-sized enterprises (SMEs) under the nation's call to support technology development.
Italian insurance giant Generali is optimistic about China's economic prospects, eyeing cooperation opportunities with Chinese companies in a wide range of fields including electric vehicle (EV), Pierre Martelly, chief insurance officer of Generali International Asia, said in Beijing on Saturday.
Chinese drone maker DJI filed a lawsuit against the US Department of Defense (DoD) on Saturday, challenging its inclusion on the “Chinese Military Companies” (CMC) blacklist and seeking to be removed from the list.
Equity investment in China is set to usher in greater development opportunities, as it aligns closely with the development of new quality productive forces and plays a crucial role in boosting the commercialization of technological outcomes, nurturing innovative firms, and ...
Chinese drone maker DJI filed a lawsuit to challenge the U.S. Department of Defense (DoD) on Saturday, seeking to be removed from the blacklist of alleged Chinese military companies.
Heavyweight guests from home and abroad discussed financial opening-up and cooperation as well as economic development on Friday as they gathered in Beijing for the Annual Conference of Financial Street Forum 2024.
China's GDP grew by 4.8 percent, reaching 94.97 trillion yuan ($13.33 trillion), in the first three quarters of 2024, according to data released by the National Bureau of Statistics (NBS) on Friday.
Chinese financial authorities on Friday vowed greater financial support for stable economic operations and high-quality development, including an indication of a reserve requirement ratio (RRR) cut by the end of 2024.
On October 17, the Jakarta-Bandung High-Speed Railway (HSR) celebrated its first year of operation, with the Halim Station in Jakarta, Indonesia, being filled with a joyful atmosphere. The achievements and highlights of the HSR over the past year were displayed ...
According to Maurizio Tonetti, a university professor and dentist whose family has operated a dental practice in Genoa since 1922, there is a growing interest among Chinese people in Italian healthcare.
There is no doubt that there is an available market; it is huge and set to expand at a rate unheard of in the West. This is confirmed by the figures of Dezan Shira, one of the most highly regarded ...
A worker welds a metal part during a welding competition at a construction site of the Fuyang-Huainan Railway in East China's Anhui Province on October 18, 2024. The total length of China's railway in operation has surpassed 160,000 kilometers, with ...
China's real estate market shows signs of stabilization amid policy support, said an official with the National Bureau of Statistics (NBS) on Friday, citing statistical data for the first nine months.
China has recently given the green-light to the establishment of wholly foreign-owned hospitals in select cities and regions, marking one of its latest efforts to open up the services sector. Some analysts said this could be a "Tesla moment" for ...
China's National Financial Regulatory Administration (NFRA) has greenlighted BNP Paribas and Volkswagen Financial Services to jointly set up a property insurance company in the capital city of Beijing. Additionally, Prudential Financial has also received approval to establish an insurance asset ...
Interview with Mr. She from Longi
Revealing the Five Core Digital Use Cases of the LONGi Lighthouse Factory
China's domestic consumption kept increasing in September, with faster rise in the sales of auto and home appliance, highlighting the nation's significant potential for sustaining economic growth amid a slew of policy supports.
The People's Bank of China (PBC) may further reduce the reserve requirement ratio (RRR) by 0.25-0.5 percentage points by the end of the year, depending on liquidity situation, Pan Gongsheng, governor of the central bank, said in a speech delivered ...
Chinese President Xi Jinping has stressed the importance of building a national platform for recycling and reusing resources in a recent instruction on the establishment of a company specialized in resources recycling.
China's central bank on Friday officially launched a re-lending facility and a swap program as two new monetary policy tools to boost the country's capital market development.
Bangladesh is expected to formally apply for membership of the Regional Comprehensive Economic Partnership (RCEP), the world's largest multilateral free trade bloc, this week, according to its commerce ministry. Ministry officials said the country is also preparing to negotiate free ...
The "Innovative Link: Malaysia S&T Service Mission to Beijing" event took place in Daxing District, Beijing, on Thursday. The event saw over 70 participants, including representatives from Malaysian scientific organizations and innovative companies in Beijing.
In a joint statement made public on Wednesday in Islamabad, China and Pakistan agreed to work together to build the "upgraded version" of the China-Pakistan Economic Corridor (CPEC) and make it into a demonstration project for cooperation under the high-quality ...
China will step up economic and trade cooperation with Vietnam in various aspects from strengthening trade in agriculture to deepening cooperation in emerging sectors, China's Ministry of Commerce (MOFCOM) spokesperson He Yadong said on Thursday.
China will roll out more incremental policies to boost the real estate sector, from including all eligible real estate projects in the "white list" mechanism to enhancing support for urban village and dilapidated housing renovation projects, Ni Hong, minister of ...
The Jakarta-Bandung High-Speed Railway (HSR), the first HSR in Indonesia and Southeast Asia and a landmark project under the China-proposed Belt and Road Initiative (BRI), celebrated its first year of operation on Thursday, having carried 5.79 million passengers, according to ...
This year is the first year following the expansion of BRICS, and the first post-expansion summit will be held in Kazan, Russia, from October 22 to 24. Concurrently with the summit, the new payment system BRICS Pay has drawn attention, ...
The US government is restricting Chinese dronemaker DJI from exporting select drones to the US in what appears to be part of "a broader initiative by the Department of Homeland Security to scrutinize the origins of products, particularly in the ...
LONGi Jiaxing Production Base: The World's First Lighthouse Factory in the PV Industry
The Hong Kong Special Administrative Region (HKSAR) has been ranked as the world's freest among 165 economies, according to the Fraser Institute's latest Economic Freedom of the World report.
China has officially invited EU's technical team to come to China as soon as possible to continue the next phase of face-to-face consultations over the negotiations on EU's imposition of tariffs on Chinese electric vehicles (EVs), and has made all ...
Animal Wellness Products (AWP), an Italian company from Castelnuovo Rangone, in the Modena province, has had a lot of success in the Chinese market. The company was founded and is still currently led by Paolo Cristofori as its CEO. It ...
China plans to expand bank credit lines for the “white list” housing projects to 4 trillion yuan ($562 billion) by the end of 2024, to encompass all qualifying property projects in the list to stabilize the real estate market, Ni ...
LONGi has officially launched its new generation distributed module product Hi-MO X10 at the Rolex Shanghai Masters. The module, featuring HPBC 2.0 cell technology, marks a milestone upgrade and technological leap for LONGi's BC products.
On September 26, two technicians from the state grid Henan Institute of Electricity Technology used a self-developed ultrasonic phased array imaging measurement device to inspect the internal structure of a transformer in the EHV Zhongzhou converter station.
According to the State Grid Henan Electric Power Company, as residents increasingly adopt intelligent and green travel methods, the utilization efficiency of highway charging stations in Henan Province surged during the National Day holidays. The total charging volume reached 4.22 ...
Pension finance has been elevated to a strategic priority since the Central Financial Work Conference held in 2023 outlined the industry as one of the five most important areas for the high-quality development of the country's financial sector.
China's Ministry of State Security (MSS) said on Wednesday that an unidentified foreign company was discovered to have illegally conducted geographic mapping activities in the country under the pretense of conducting joint intelligent driving research with a licensed Chinese mapping ...
China is set to hold a press conference on Thursday focused on efforts to bolster the property sector. Key officials from multiple departments, including the minister of housing and urban-rural development, will jointly introduce measures for promoting a stable and ...
A number of high-tech and high-value-added Chinese products are being exhibited at the 136th session of the China Import and Export Fair, commonly known as the Canton Fair, showcasing advanced industries and scientific and technological efforts made by Chinese enterprises.
China Mobile, one of China's three major telecom operators, vows to accelerate the deep integration of artificial intelligence (AI) into all production and operational processes of the financial industry to help reduce operating costs, increase efficiency and boost core competitiveness, ...
On Monday, the 90th Paris Motor Show opened at the Paris Expo Porte de Versailles. Chinese state-owned automotive brand Dongfeng Liuzhou Motor unveiled several best-selling models and held the overseas debut ceremony of its first pure electric sedan, the Forthing ...
Problems encountered by iPhone factories in India have raised significant concerns about the viability and reliability of Apple's strategy to move a proportion of production from China.
US officials have discussed capping sales of advanced artificial intelligence (AI) chips from Nvidia and other American companies on a country-specific basis, and their focus is on Persian Gulf countries, Bloomberg reported, citing people familiar with the matter. If the ...
By making unreasonable demands, not responding positively to sensible offers from the Chinese side and attempting to split up Chinese electric vehicle (EV) producers in negotiations, the EU side has not demonstrated sufficient sincerity and resorted to tactics that may ...
After Dutch chip equipment giant ASML saw its shares plunge 15.6 percent on Tuesday (EU time) amid a weaker outlook for 2025, Chinese analysts said that ASML's share in the Chinese market may further shrink over the next few years ...
When Hong Kong Chief Executive John Lee Ka-chiu delivered on Wednesday his annual policy address, he outlined measures to boost the region's economy, improve livelihoods and further elevate the city's status as a global financial and commercial hub, while highlighting ...
The Cyber Security Association of China on Wednesday called for the launch of a systematic review of potential cybersecurity risks in Intel products due to frequent vulnerabilities and high failure rates, in order to effectively safeguard China's national security and ...
Among the Italian pharmaceutical companies, Bracco has experienced the most significant growth in China in recent years. This growth is largely due to the localization of production and high-quality product standards. Valtero Canepa, who moved to Shanghai with his family ...
Amplifon, a global leader in hearing solutions, is focusing on China. With over 400 stores across 15 regions, it is one of the country's key operators.
Despite the EU's decision to impose tariffs on Chinese electric vehicles (EVs), China's automakers have captured global attention at the ongoing 2024 Paris Motor Show held from Monday to Sunday, showcasing the growing strength of Chinese-made EVs, including affordability and ...
China Northern Rare Earth Group High-Tech Co, a subsidiary company of Baotou Iron and Steel Group, announced that the first phase of a green smelting upgrade project was put into operation on Tuesday in Baotou city, North China's Inner Mongolia ...
Art can ignite critical discussions, including in countries like China and the US, said Wu Qinli during an in-depth dialogue with Stanford University professor Jody Maxmin about history and the arts. Maxmin highlighted how Chinese artists inspire audiences to think ...
China's major e-commerce platform JD.com on Wednesday refuted defamatory rumors about the personal lives of its founder Liu Qiangdong and his wife Zhang Zetian. The couple have filed a police report, and the case is currently under investigation, according to ...
As the relationship between China and Australia stabilizes, the potential for bilateral economic and trade cooperation is expected to be further unlocked. Several Australian industry associations have told the Global Times that Australian agricultural players hope to enter or return ...
Chinese autonomous driving firm WeRide launched on Tuesday its latest robotaxi model, the GXR. It comes after Tesla's release of its CyberCab, which is also intended to serve as a public taxi and shared transportation services.
China and the five Nordic states have achieved rapid development in economic and trade cooperation, with fruitful achievements in the green transformation, maritime transport and electric vehicles, China's Ministry of Commerce (MOFCOM) told a press conference on Tuesday.
The China-Vietnam Detian Waterfall cross-border tourism cooperation zone, the first cross-border tourism cooperation zone in China, officially opened on Tuesday, as bilateral relations witness more fruitful results.
As the 2024 Paris Motor Show entered its second day on Tuesday, the presence of Chinese car companies garnered widespread attention. Despite the European Commission's plan to impose tariffs of up to 45 percent on Chinese electric vehicles (EVs), Chinese ...